Business

Stay informed with free updatesSimply sign up to the UK banksmyFT Digest -- delivered directly to your inbox.Virgin Money has missed profit expectations as it made a bigger than…

A power grid operator that serves millions of Americans across the mid-Atlantic is warning that a planned coal-fired power plant shutdown will severely threaten electricity…

Hello everyone, this is Akito from Singapore.Earlier this month, I spoke with Intel CEO Pat Gelsinger in Tokyo at an event hosted by Nikkei. Gelsinger, who said he was “pushed out”…

Both publicly and internally, leaders at Microsoft are cheering OpenAI's apparent return to normalcy following days of chaos. The ChatGPT creator, in which Microsoft has…

Stay informed with free updatesSimply sign up to the UtilitiesmyFT Digest -- delivered directly to your inbox.The writer is senior associate fellow at the European Leadership…

A growing number of companies have pledged to close down on Thanksgiving Day to give employees a day off amid the hectic holiday season.  For some, it is the first time in…

One thing to start: JAB Holding is replacing its longtime chief Olivier Goudet with Joachim Creus, a 47-year-old lawyer who has worked with the group since 2010 and who has already…

President Biden and his family have returned to their favorite Thanksgiving holiday haunt at the Nantucket home of billionaire David Rubenstein.  Air Force One touched down at…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK must adopt the strategic state-backed approach of…

General Motors' robotaxi unit Cruise is planning to re-launch in one unspecified city before expanding to others, just weeks after California barred its self-driving vehicles…